Title: The invisible hand in entrepreneurial process: bricolage in emerging economies

Authors: Doan Winkel; Jeff Vanevenhoven; Andy Yu; James Bronson

Addresses: Illinois State University, Campus Mailbox 5580, COB 242, Normal, IL 61790, USA ' College of Business and Economics, University of Wisconsin-Whitewater, 800 W. Main St., Whitewater, WI 53190, USA ' College of Business and Economics, University of Wisconsin-Whitewater, 800 W. Main St., Whitewater, WI 53190, USA ' College of Business and Economics, University of Wisconsin-Whitewater, 800 W. Main St., Whitewater, WI 53190, USA

Abstract: The entrepreneurial process in emerging economies is receiving more interests but the critical role of bricolage is still in dearth. Entrepreneurs in these highly uncertain and dynamic environments discover, develop, and exploit opportunities with limited and idiosyncratic resources. They also navigate the entrepreneurial process within restrictive and unsupportive institutional environments. In this dynamic and often restrictive setting, entrepreneurs wanting to capitalise on opportunities must be able to manage with novel combinations of existing resources. Bricolage is therefore a relevant process in this entrepreneurial environment. This article argues that bricolage is a key mechanism to explore and explain entrepreneurship in emerging economies.

Keywords: bricolage; entrepreneurial process; emerging economies; entrepreneurial opportunities; prior knowledge; resources; entrepreneurship.

DOI: 10.1504/IJEIM.2013.059885

International Journal of Entrepreneurship and Innovation Management, 2013 Vol.17 No.4/5/6, pp.214 - 223

Received: 23 Apr 2012
Accepted: 22 May 2013
Published online: 30 Apr 2014 *

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